Cable outlines plans to lend £1 billion to SMEs

Business secretary Vince Cable MP is set to announce today that the Government will provide £1 billion of taxpayers’ money to help small and medium-sized businesses that have struggled in the past to borrow from traditional high street banks.

In a keynote speech at the Liberal Democrat party conference in Brighton the business secretary will state how this will help companies who haven’t been able to get credit since the financial crisis….